NOTICE OF MEETING AND AGENDA - Metro Transit

METRO - Transit Operations Division
FY2012– 3rd Quarter Summary
Report to the President /CEO and Board of Commissioners
Financials
FY2012 FY2012 FY2012 FY2012 FY2011 Diff FY2012
YTD Actual Budgeted Variance % Actual FY2011
Revenue $43,512,044 $42,915,171 $596,873 1.39% $41,438,777 $2,073,267
Expenses $139,587,018 $147,673,524 ($8,086,506) -5.48% $134,914,279 $4,672,739
Budget Directed
Loss
(Ops. Dept.) ($96,074,974) ($104,758,353) $8,683,379 -8.29% ($93,475,502) ($2,599,472)
Transit Operations continues to perform well against budget through the third quarter of FY2012. Expenses are
5.5% below budget, and revenues are higher than budget by 1.4%. FY2012 revenue budget assumed an increase
of approximately 4% over FY2011 as a part of the decision not to increase fares until after FY2012. This appears
to be the proper decision given increases in ridership approaching 10% and year over year revenues up by over
5%. Year over year expense increases of approximately 3.5% are largely explained by increases in service miles
and hours which are both higher by approximately 3% over FY2011 levels.
Ridership Comparison
System ridership
Mode 3rd Qtr. 3rd Qtr. +/- Previous YTD FY2012 YTD FY2011 +/- Previous
continues to recover,
FY2012 FY2011 Period
Period
increasing 12.7% for the Rail
3 rd 4,048,700 3,741,569 8.21% 12,602,637 11,999,366 5.03%
quarter and 9.56% Bus 7,145,804 6,182,696 15.58% 21,607,711 19,202,520 12.53%
year to date improvement
Van
over 2011. The increases
146,506 138,424 5.84% 435,800 422,207 3.22%
are across all modes.
System 11,341,010 10,062,689 12.70% 34,646,148 31,624,093 9.56%
The third quarter improvements are partially the result of a leap year (extra week day in February), and excellent
weather in January causing less of a disincentive to ride than in previous fiscal year. However, March of 2011 and
March of 2012 do not have any significant variables that could impact ridership levels, and FY2012 ridership in
March was still up almost 5% in 2012. Again, YTD ridership gains are somewhat inflated by the aforementioned
weather anomalies and the Cardinals World Series win in the fall.
FY12
Revenue
Miles
FY11
Revenue
Miles
YTD Service Profiles and System Efficiencies
+/-
Previous
Period
FY12
Revenue
Hours
FY11
Revenue
Hours
+/-
Previous
Period
Rail 2,379,699 2,352,931 1.14% 99,586 98,197 1.4%
Bus 13,981,309 13,526,319 3.36% 1,020,120 986,844 3.4%
Van
3,708,283 3,428,843 8.15% 229,465 221,593 3.6%
FY12 Pass/
Rev. Mile
FY11 Pass/
Rev. Mile
+/-
Previous
Period
FY12 Pass
/ Rev. Hour
FY11 Pass
/ Rev. Hour
+/-
Previous
Period
Rail 5.30 5.10 3.85% 126.55 122.20 3.56%
Bus 1.55 1.42 8.86% 21.18 19.46 8.85%
Van 0.1175 0.1231 -4.56% 1.90 1.91 -0.32%
The Service Profile chart to the left
shows higher levels of service delivery
across all modes. MetroLink is up
approximately 1.2 % in both miles and
hours, largely due to high demands for
service during some special events (The
World Series for example) and some
workarounds for planned maintenance
activities. MetroBus has seen service
levels adjusted upwards by almost 3.5%
due to improved scheduling techniques
(a by-product of Automated Vehicle
Locator (AVL) System data), Grand Bridge re-routes, and customer demand / over-crowding on several existing bus
routes. Call-A-Ride is seeing some growth in customers and trip length, partially due to the increased ¾ mile
boundary for the lower ($8.00) fare. Even with the increased operating tempos, fixed route service has shown
significant improvements in passengers per hour and passengers per mile in fiscal year 2012, while the extended
service areas do have the tendency to de-tune Call-A-Ride service. As well as the recent system performance has
been, we are still about 15% below pre-2009 service efficiency results and 12 % behind reported YTD FY 2008
ridership.